Purpose – The purpose of this paper is to examine the changes in B ‐share discounts across 76 Chinese stocks around an … important regulatory event to understand the importance of political risk in pricing stocks in emerging markets. Design … own B ‐share classes of stocks traded on both the Shanghai and Shenzhen stock markets. These share classes were previously …

stocks. The patterns are analyzed in the context of the behaviour of the abnormal returns to small stocks. Findings – The … reversal argument. Exposure to small stocks drops dramatically between 1975 and 1977, suggesting a sell‐off of small stocks … driving returns to small stocks over this period. Originality/value – The study introduces the application of the returns …

Purpose – Negative relationship between the return of a stock and its liquidity suggests that the illiquid stocks are … riskier than liquid stocks. Thus, researchers tend to include the stock liquidity as a variable in asset pricing models, where …

of Finnish non‐financial stocks based on their DEA scale efficiency scores. The performance of portfolios is evaluated on … using longer reformation intervals. Research limitations/implications – The sample of stocks is not large in spite of its … methodology in cases in which the number of stocks in the sample is large. Originality/value – This paper is the first attempt to …

bridge this gap the paper aims to examine the main differences in IC stocks, creation, management and protection mechanisms … service orientation they need to change their approach to IC stocks and management, and in this acknowledging the differences …